October 2017

Source: Gas International

The Trump administration’s approach to the traditional energy trilemma – the challenge of balancing cheap, secure, and clean energy – appears set to heavily favour the low-cost and secure aspects of domestic energy supply at the expense of any focus on carbon emissions. There is an abundance of coal, oil and gas in the US, unconventional hydrocarbon production methods have been a game-changer, and technology improvements continue to reduce the cost of extraction. However, renewable power is already proven to be a cost-competitive energy source, and an additional provider of domestic energy supply and potential economic growth. As natural gas and renewable technologies continue to grow in the US, Yvonne Fuller at Arthur D Little, argues that America has reached the point of no return.